Chariot energy Company has signed an agreement with Vivo Energy Maroc firm on future natural gas offtake from the Loukos Onshore license in which the British company holds 75% stake, while Moroccan National Office of Hydrocarbons and Mines (ONHYM) has 25 %. In a press release issued Monday, Chariot said the aim of the agreement […]
Bombardier announced this week it has reached amended definitive agreement to sell its aerostructures business in Casablanca, Belfast, and Dallas to Spirit AeroSystems Holding Inc. of Wichita, Kansas. The initial purchase agreement between the two companies was announced in October 2019 for a cash consideration of $500 million, plus the assumption of liabilities with a […]
Morocco and Tunisia are listed in a group of five African countries that have first pledged reforms under the Compact with Africa Initiative, a Germany’s flagship G20-Africa Partnership project aiming to improve economic conditions across the continent. The three other countries having registered their interest with the G20 are Côte d’Ivoire, Rwanda and Senegal. More […]
